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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Post by mirelleM45on Jul 02, 2024 1:17pm
142 Views
Post# 36114716

Nozspickr

Nozspickr
Reinvent the wheel, you are just using an approximation of tonnage using drilled meters. Big deal. estimate volume and use specific gravity instead or is that too simple for you. Nor does it tell you how many ozs are in that tonnage and you cant come to an accurate estimate either using contained gold in the drill core. 
 
Take company A who genuinely wants to determine the body size by drilling perpendicularly to the vein as much as possible and the same body drilled by Company B at oblique angles as just one example. Same body, but guess which company has the better drill core with more contained gold.
 
Your assumptions are ridiculous.
 
 
You will need a shiny new toy well before 45 days with that open House thingy. Youre dropping again.
 
 
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